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Area Guide: Philippines Real Estate > Western Visayas Region > Iloilo Province > Iloilo City > Arevalo
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Excellent location, Excellent Terms...

A photograph of Residential Lot For Sale in Arevalo, Iloilo City, in the Philippines

REAL ESTATE OVERVIEW

Location Arevalo, Iloilo City
Offering Development (with a variety of units to choosen from)
Name ACROPOLIS™
Property Type Residential Lot
Transaction For Sale
Asking Price P 1,140,000 ~ P 3,000,000
Lot Area 200 m² ~ 300 m²
Terms Fixed and non-negotiable

PRICING INFORMATION

P 1,140,000
~
P 3,000,000
SHOW CURRENCIES

Price/Lot Area P 5,700/m² ~ P 8,000/m²

PROPERTY DESCRIPTION

ACROPOLIS is another project of Sta. Lucia Realty. Located in the Historic Arevalo.248 prime real estate lots. Along the proposed C-1 national high way. Landscaped Grand Entrance gate with Guard house. 24 hour security.Concrete perimeter fence surrounding the entire project. Concrete Roads. 10-12 meters wide. Underground storm drainage system.Promenade shade trees.Concrete curbs, gutters and sidewalks. Deep well and overhead water storage tank. PECO-Supplied electricity. Clubhouse , swimming pool, basketball court (indoor). Open spaces, picnic areas.

AREA DESCRIPTION

Along the proposed circumferential highway... Beside a River... Near the sea... Situated at the Historic Arevalo in the heart of Iloilo.


ACROPOLIS ILOILO PRICES & TERMS
(as of September 22, 2007)

Residential Lots

Reservation Fee - P 10,000.00 per lot
Inner lots - P 5,700/sq.m.
Corner Lots - P 6,000/sq.m.

Commercial Lots

Reservation Fee - P 100,000.00 per lot
Regular Lots-P 6,700/sq.m.
Along Circumferential Hi-way - P 7,700/sq.m.
Corner lots add P 500.00/sq.m.
CASH BASIS

15% Discount on the 90% TCP if paid in 7 days from date of Reservation or Outright
12% Discount on the 90% TCP if paid in 30 days from date of Reservation

10% Balance payable upon presentation of Title

DEFERRED CASH BASIS & INSTALLMENT BASIS

20% Down Payment
80% Balance payable in OPTION A - 2 Years to pay, No Interest!

OPTION B - 5-10 Years to pay @ 12% pa.a.

NO DOWN PAYMENT, NO INTEREST! 30 MONTHS TO PAY!

SAmple Computation: fro a 200 sq.m lot ACROPOLIS-Iloilo

Total Contract Price: P 1,140,000.00
Option 1 : SpotCash: less 15% discount of the 90%TCP if paid in 7 days P 1,026,000.00
- 153,900.00
------------------
872,100.00
10% of TCP is Payable upon the availability of Title: P 114,000.00

Option 2: Defered Cash:
20% DOWNPAYMENT P 228,000.00
less 20% discount if paid in 7 days - 45,600.00
--------------
net 20% DP 182,400.00
less Reservation Fee - 10,000.00
--------------
P 172,400.00

80% Balance: P 912,000.00 payable in 2 years no interest with 24 pcs. Post Dated Checks

P 38,000.00 monthly amortization for 2 years

Optio 3: Installment Basis:

80% Balance P 912,000.00 payable in 5 years and a maximum of 10 years with 1st year no interest and the remaining balance at 18% interest per annum.

5 years to pay:

P 912,000.00
------------
60 months = P 15,200.00 first year
monthly amortization no interest
= P 21,435.65 2nd year to 5th year
monthly amortization with 18%
interest per annum.
10 years to pay:

P 912,000.00
-------------
120 months = P 7,600.00 first year
monthly amortization no interest
= 15,398.21 2nd year to 5th year
monthly amortization with 18%
interest per annum.

Fixed Factor for 18%
4 years 0.02938
9 years 0.01876

PAYMENT MODES:

All Check payments (Phillipine Peso) shall be payable to Asian Pacific Realty & Brokerage Corp.

Monthly Amortizations shall be payable to: Sta. Lucia Realty & Dev. Inc. or the authorized Developer/Landowner.

Bank Transfer/Electronic Transfer acceptable, however prior advice by email or fax must be made to facilitate issuance of the official receipt.

Bank Deposit Slips, Telegraphic transfer or Remittance Forms will serve as proof of payment. An Official receipt will be issued and sent by fax or electronic means/email.

All payments are deemed received upon issuance of the receipt



AREA DETAILS

Neighborhood Area Urban residential
Proximity to...

    General Hospital 5 min
    Downtown Area 15 min
    Seaside 1 min
    Shopping Mall 10 min
    Police Station 5 min
    Fire Station 10 min
    Domestic Airport 45 min
    International Airport 45 min

PROPERTY DETAILS

Encumberance None.
Fencing Yes - concrete wall
Public Thoroughfare Access Yes - adjacent to public thoroughfare
Topography of Land Completely Level
Shared Amenities

    Club House
    Security Guards
    Swimming Pool
    Tennis Courts
    Gym
    Playground

MORE INFORMATION

http://www.staluciarealty.com/en/view.php?proj=20&id=64

INQUIRIES FOR THIS PROPERTY

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All information on this page has been provided by the user and has been accepted in good faith. Ah Yer! Philippines does not guarantee the verity of any data given, and any interested party must verify all information regarding this property directly with the offerer.





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